Forecast with TREND and FORECAST
Forecast the next few months from a steady trend with FORECAST and TREND, using month numbers as the x values.
In this lesson
=FORECAST(x, data_y, data_x)gives one value on the straight trend line.=TREND(known_data_y, known_data_x, new_data_x)gives several values on the same line at once.- The x values must be numbers.
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- Skill
- Business math
- Stage
- Advanced
Where it sits in Business math
- Profit margin and markup11 min
- Currency conversion table10 min
- NPV and IRR basics11 min
- Forecast with TREND and FORECASTThis lesson11 min
The steps
10 steps: 5 explanations, 3 Do this, 2 questions, then Your turn.
Try a free lesson first
Why your formula broke when you copied it
Lock a cell with $ so a formula keeps working when you copy it down.
Beginner · 7 min · Free, with no sign-up
Do the free lesson on your computer.
Send yourself the link and open it on a laptop or desktop.
On your computer, go tolearnford.com/go/39MP